CameraIcon

SearchIcon

MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Monopolistic Competition

Give some exa...

Question

Give some examples of monopolistic competition.

Open in App

Solution

(i) Manufacturers of colour television sets such as BPL, Videocon, Sony, Akai, Philips, Onida

(ii) Producers of bathing soaps of various brands such as Lux, Breeze, Palmolive, Hamam, Jai, Godrej, Dove etc. are examples of monopolistic competition.

Suggest Corrections

thumbs-up

1

Similar questions

Give two examples of monopolistically competitive markets.

Q. i. Define a monopolistically competitive market. Give two examples of this market structure.
ii. Explain two important features of this type of market. State one similarity and one difference between monopolistic competition and perfect competition.

Q. Answer in details

What is Monopolistic Competition? Explain in detail the features of Monopolistic Competition.

Q. State any one feature of monopolistic competition.

Q. In monopolistic competition, firms achieve some degree of market power _________________.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Monopolistic Competition

ECONOMICS

Watch in App

explore_more_icon

Explore more

Monopolistic Competition

Standard XI Economics

Join BYJU'S Learning Program

CrossIcon